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jolli1 [7]
2 years ago
15

One of the difficulties associated with value-based pricing is that

Business
1 answer:
nikdorinn [45]2 years ago
7 0

One of the difficulties associated with value-based pricing is that the producer may end up running at loss because the price does cover the cost incurred during production.

The value-based pricing entails fixing of prices based on customer's perceived value of the product.

The companies who practiced the value-based pricing do so to make sure the product price and expectation of the customers match.

However, one of the difficulties associated with value-based pricing is that the producer may end up running at loss because the price does cover the cost incurred during production.

Learn more about this here

<em>brainly.com/question/20699420</em>

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Which are the first steps you should consider when constructing an online business strategy.
Nat2105 [25]

The first steps you should consider when constructing an online business strategy are: create goals and identify a USP.

<h3>What is a business strategy?</h3>

A business strategy can be defined as a set of guiding principles, actions, policies, and decisions that a business organization strategically combines, so as to successfully achieve its goals, objectives, attract potential customers and possess a competitive advantage over its rivals in the industry.

<h3>The types of business strategy.</h3>

Generally, there are four (4) main types of business strategy and these include the following:

  1. Organizational (Corporate) strategy.
  2. Business (Competitive) strategy.
  3. Functional strategy.
  4. Operating strategy.

In Business management, the first steps you should consider when constructing an online business strategy are:

  • Create goals
  • Identify a unique selling proposition (USP).

Read more on business strategy here: brainly.com/question/17130109

#SPJ1

Complete Question:

Which are the first steps you should consider when constructing an online business strategy?

Create goals and identify a USP

Understand the target audience

Change your mission statement to match the goals

Define and segment your audiences

5 0
1 year ago
Starbucks has signed a contract with a television production company to have its brand featured prominently in a new situation c
vampirchik [111]

Answer: The advertising strategy used is product placement.

Explanation:

Product placement also called embedded marketing, is a form of advertising technique which involves referencing a specific brand/product done by incorporating it into another work, such as a movie or television show, with specific intent to promote the product.

product placement is the intentional incorporation of references to a product/brand in exchange for compensation or cash payment .

Product placements may range from appearances not attracting attention within an environment, to major integration and acknowledgement of the product within a program or a show.

Common categories of products placed on product placements include automobiles, consumer electronics, beverages(in the case of the example), drinks, clothing.

6 0
2 years ago
Which of the following statements is true of entrepreneurs?
Sindrei [870]

The answer is <u>"B. Entrepreneurs often work long hours and must take on the financial responsibilities of the business."</u>


An entrepreneur is a person who, as opposed to functioning as a worker, establishes and maintains a private company, expecting every one of the dangers and prizes of the endeavor. The business visionary is generally observed as a pioneer, a wellspring of new thoughts, merchandise, administrations and business/or techniques.  

Entrepreneurs assume a key role in any economy. These are the general population who have the right stuff and activity important to foresee present and future needs and put up great new thoughts for sale to the public.  


8 0
3 years ago
Read 2 more answers
Hillsong Inc. manufactures snowsuits. Hillsong is considering purchasing a new sewing machine at a cost of $2.45 million. Its ex
maw [93]

Answer:

NPV = 37,599 Negative

Explanation:

We can calculate the NPV of the new sewing machine by deducting the Present value of future cash inflows by Investment

Initial investment = Machine cost + Training cost - Salvage value

Initial investment = 2,450,000 + 85,000 - 250,000

Initial investment = 2,285,000

Year                                      DF(9%)   Present Value

1  Cash inflow     390,000  x 0.917      $357,798

2 Cash inflow     400,000  x 0.842    $336,672

3 Cash inflow     411,000   x  0.772     $317,367

4 Cash inflow     426,000  x 0.708     $301,789

5 Cash inflow     334,100  x 0.650     $217,077       (434,100 - 100,000)

6 Cash inflow     435,000  x 0.596    $259,376

7 Cash inflow     436,000 x 0.547     $238,507

7 Salvage value 400,000 x 0.547     $218,814  

     

Present Value of cash inflow             $2,247,401

Initial investment                                $2,285,000

NPV ($2,247,401 - $2,285,000)          (37,599)    

Conclusion: Hillsong should not purchase the new machine as the NPV of the machine is negative      

4 0
3 years ago
As a junior congress person you have been asked to help promote a bill to allow casino gambling in your state. There is much opp
Julli [10]

In such a case, the first step for Junior to conduct effective distributive negotiation would be to adequately prepare for it. As he was assigned to promote a bill to allow casino gambling in the state, he should know thoroughly about the pros and cons that involve this activity and also seek to understand the arguments of who is against the bill's approval. Knowing your negotiating adversary will make it much easier to find your flaws and weaknesses so that you can bargain effectively. Junior could at first set up an assembly and then consistently present the positive points, presenting solutions to the opposition's problems and showing relevant points that the opposition did not expect. Some bargains could be the focus on security that these establishments would have, surveillance, the creation of new jobs, the stipulation of the opening hours of the Casino, among others.

6 0
3 years ago
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